Author: Bobbie Osei
-
$1bn SDR allocation will avoid out-crowding of private sector – Economist
Economist Courage Martey is confident the crowding out of the private sector in accessing funds could be averted if the government opts to draw down from the US$1 billion it received from the International Monetary Fund (IMF), as part of the new Special Drawing Rights (SDRs) allocation to boost the post-COVID economic recovery of member…
-
MOFA urges tomato traders not to buy from Burkina Faso this festive season
The Ministry of Food and Agriculture is urging tomato traders in the country to desist from travelling to Burkina-Faso to buy tomatoes this festive season as local producers will be able to supply enough to meet their demand. The Tomato traders and transporters association embarked on a strike in February this year due to what…
-
Telco’s committed to March deadline for sim registration exercise – Dr. Ken Ashigbey
With a little over 3 months to the end of the ongoing SIM registration exercise, the CEO of the Ghana Chamber of Telecommunications Ing. Dr. Kenneth Ashigbey says his members are committed to helping government achieve its ambitious target of registering all SIM cards by the end of March 2022. According to the government, the…
-
South African president calls for increased trade with Ghana
The Presidents of Ghana and South Africa have called for increased trade between the two countries as the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end. The remarks were made by the two heads of state at the Ghana – South Africa Business Forum in Accra…
-
Road contractors to pay for destroyed fibre optic cables – Min. of Communications
The Ministry of Communications has warned that road contractors that destroy telecommunication infrastructure in their line of work will be made to face the full rigours of the law. MTN last month, for example, indicated that it had so far recorded 1,684 fibre optic cuts in 2021, higher than the 1,605 fibre optic cable cuts…
-
Moves to connect GhIPSS to Pan-African Payment System ongoing – Archie Hesse
The Chief Executive of the Ghana Interbank Payment and Settlement System (GhIPSS), Mr. Archie Hesse, says they are working around the clock to ensure intra-African payments from and to Ghana are smooth once the Pan-African Payment and Settlement System (PAPSS) becomes fully operational. The operational roll-out of the revolutionary continent-wide payment facilitation platform in local…
-
President woos Norwegian investors to back Ghana’s railway sector
President Akufo-Addo has urged investors from Norway to consider partnering government to develop a modern railway network in the country. This follows recent comments by the Minister for Railway Development, John Peter Amewu, to the effect that the government would not be able to construct any sky train in the country in the near future.…
-
AGI challenges SMEs to adopt good business practices from inception.
The Association of Ghana Industries (AGI) has charged Small and Medium-sized Enterprises in the country to adopt good business practices from their inception. This according to AGI will enable such businesses to grow into formidable institutions in the future. The remarks were shared at the 10th AGI Ghana Industry and Quality Awards 2021 held over…
-
Local industries will die if not protected from inferior imports – Prof. Dodoo
As the debate on the benchmark value reduction policy continues, the Ghana Standards Authority has added its voice to calls for the protection of local industries. According to the Director-General of the Authority Prof Alex Dodoo, local industries will die if they are left to compete unfairly with cheaper sub-standard imports. He made the remarks…
-
GUTA cautions of ‘intense protests’ if benchmark value policy is reversed
The Ghana Union of Traders Associations (GUTA) is warning of intense protests if the government goes ahead with plans to reverse the benchmark value reduction policy. Over a week after the Finance Minister proposed the reversal of the benchmark reduction policy in the 2022 budget, different stakeholders have defended or spoken against the move. In…